BAPTIST HOMES SOCIETY WORKERS COMPENSATION TRUST (EIN 256397789) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

TIMOTHY L MYERS

Phone

4125636550

Tax Period

2023-04-01 to 2024-03-31

BAPTIST HOMES SOCIETY WORKERS COMPENSATION TRUST, founded in 1992, is a micro nonprofit in the Human Services sector that reported $11K in total revenue in fiscal year 2023. The organization ran a surplus of $3K, a strong 32% operating margin.

Mission

TO PROVIDE WORKERS' COMPENSATION BENEFITS TO A RELATED 501(C)(3) ORGANIZATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $10,667

Other Revenue $0

TOTAL REVENUE $10,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,228

Other Expenses $7,228

TOTAL EXPENSES $7,228

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,667	$-8,075	-2.3%
Expenses	$7,228	$6,833	+0.1%
Net Income	$3,439	$-14,908	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$526,605

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	ASSISTANT VICE PRESIDENT	0.30		$0	$0	$0
MR TIMOTHY L MYERS	PRESIDENT & CEO	1.00	Officer	$0	$29,285	$278,252
MR BRENT V FOSTER	CFO & ASST. TREASURER	1.00	Officer	$0	$34,783	$248,353

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$10,667	$7,228	$655,235	$3,439
2023	$-8,075	$6,833	$653,658	$-14,908
2022	$4,504	$6,493	$562,107	$-1,989
2021	$5,702	$6,460	$587,675	$-758
2020	$11,025	$5,512	$598,254	$5,513
2019	$11,601	$5,573	$564,380	$6,028
2018	$68,300	$5,366	$552,373	$62,934

BAPTIST HOMES SOCIETY WORKERS COMPENSATION TRUST